Astra Microwave Products Bags ₹171.38 Cr IMD Order; Stock Jumps

• Astra Microwave Products, a smallcap defense company, secured a major order.
• The order is from the India Meteorological Department for 6 Doppler Weather Radars and associated systems.
• Valued at 171.38 crore rupees, the order includes a 3-year warranty and 7-year CAMS, to be completed in 18 months.
• Following the announcement, the company's stock surged 2.7% to 910, closing at its day's high.

Why It Matters: Astra Microwave Products' big order from India Meteorological Department could boost its stock.